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Jan 13, 2013 10:30am PST
secretary, will washington be an on stockles to the market and the economy or will washington be a help? joining me now is geg i and author of "the economist" and jerry webman, chief economist at oppenheimer funds. thanks for joining us. >> hi. >> greg, let me kick this up with you. president obama's pick for treasury secretary, chief of staff, jack lew, will take over for timothy geithner. is this a missed opportunity to be friendly to business, the business community, or is this a new call since it appears that nobody on earth knows this better than mr. lew. >> well, i think jamie dimon would build business between the community which feels a little bit alienated by the administration's first-term policies and mr. obama. but what they got is a guy -- not one of them, but does know the budget really well and the clearly the main challenge on the economic front for the first year is going to be on the fiscal front. insofar as jack lew has the trust of the president is in power to make deals, i would say that is is a positive. you do have to keep in mind he's not exactly the most trusted
Jan 18, 2013 5:00am PST
on "press: here" we'll examine what robots mean for the world economy. we sent factory jobs overseas. those jobs could come back to america and made by robots. one of the world's experts on technology and manufacturing from m.i.t. will be my guest this week. this could be a game changer in world politics. for about the last ten years we've been giving developing economies like china and india a taste of capitalism and growing standard of living. we're this close to taking the jobs away. the moment robots become cheaper to operate than people, what will happen with china when all those people lost their jobs? they're our biggest bank. i understand that we do have nbc. let's check in with whoever it is this morning. seema mody. good morning. >> it's me. hello. good morning. futures are mixed this morning after markets overseas specifically in japan rallied overnight. the nikkei moving higher after they said remarks on the yen were misinterpreted. intel reported disappointed earnings last night. stocks rose thursday on numbers with unemployment and housing market. we get earnings from general
Jan 15, 2013 5:00am PST
with several private equity firms. we get a trio of federal reserve officials speaking out on the economy. dow rising 18 points in yesterday's trade and nasdaq slipping by eight. in other news, middle class is tightening their belts. among those making between 50 and $100,000 a year spending declined during the holiday season. that comes amid a lackluster outlook in the job market. the magazine says the most troubles for consumers include not being able to afford medical bills or medications or a reduction in health care coverage and missing a payment on a major bill not including a mortgage. consumer reports say americans will be confronted with a smaller paycheck this month. that's the latest. back to you. >> thank you much. paypal expanding. you can use it to buy the orange dream machine at jamba juice. you will be able to order a dream machine ahead of time on your iphone. not sure what we're seeing here. i don't know. so any way you'll be able to pay with it by paypal and walk into the store and pick it up. one thing i make my kids admit is that it is just ice cream. as long as you do tha
Jan 15, 2013 7:00am PST
and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. >>> good tuesday morning to you. time is 7:19. backup at the bay bridge. we'll get to mike's report in just a moment. temperatures right now running very cold. we'll finish out the day in the mid 50s. 56 degrees inland. 55 degrees at the coast. tomorrow we climb even more so and then we'll hit mid to upper 60s friday into saturday. hope you have a fantastic tuesday. stay warm out there. >> announcer: come on, let's go skydiving, savannah. it will be fun. come on. team skydive. >> team, no. >> yeah. they want to see that. come on. >> you all can skydive. i'll watch from the ground. al, thanks so much. >>> is apple losing some of its cool? stock prices have been falling for months. now there's reports that the company is planning to build fewer iphones. tom costello has more on this story. tom, good morning to you. >> savannah, good morning. by many standards, apple is a world leader. it is the world's most valuable tech company if you've been invested in their s
Search Results 0 to 4 of about 5 (some duplicates have been removed)